- One or more domestic corporations may merge with one or more foreign entities if:
- The merger is permitted by section 7-90-203 (2);
- The foreign entity complies with section 7-90-203.7 if it is the surviving entity of the merger; and
- Each domestic corporation complies with the applicable provisions of sections 7-111-101 to 7-111-104 and, if it is the surviving corporation of the merger, with section 7-90-203.7.
- Upon the merger taking effect, the surviving foreign entity of a merger shall comply with section 7-90-204.5.
Source: L. 2007: Entire section added, p. 247, § 48, effective May 29. L. 2019: (1)(c) amended, (SB 19-086), ch. 166, p. 1946, § 54, effective July 1, 2020.